Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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iHeartRadio Bans AI-Generated Music and Voices Under New “Guaranteed Human” Policy
Leading U.S. radio network iHeartRadio announced Tuesday that it will no longer air AI-generated music or use synthetic voices in its broadcasts, calling the move a commitment to authenticity. Under the new initiative, dubbed “Guaranteed Human,” on-air DJs must include the declaration “Guaranteed Human” in their hourly legal station identification to confirm that listeners are hearing real people—not AI-created voices. This ban will have an immediate impact on Timbaland’s AI artist TaTa and Ha
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Trump Receives FIFA's First Peace Prize at World Cup Draw
U.S. President Donald Trump was awarded the new FIFA peace prize on Friday at the 2026 World Cup draw -- giving the soccer spectacle to set matchups for the quadrennial tournament even more of a Trumpian flair. Trump, who has openly campaigned for the Nobel Peace Prize, had been heavily favored to win the newly created FIFA prize. He and FIFA president Gianni Infantino are close allies, and Infantino had made it clear that he thought Trump should have won the Nobel for his efforts to broker a c
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Michael Jordan’s Sons Fire Back at Kevin Hart Over Netflix Jokes
Kevin Hart’s new Netflix special Acting My Age sparked reactions on December 5 after Marcus and Jeffrey Jordan responded to the comedian’s bold jokes about their father, NBA legend Michael Jordan. Hart’s routine included a full segment on MJ’s much-discussed fashion choices, calling him “a horrible dresser” and torching his oversized denim. “Some of the worst jeans I’ve ever seen in my life have been worn by Michael Jordan,” Hart joked, claiming the pockets were so big “you can put a Dell comp
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Biggie’s Estate Denies Claims Diddy Charged for His Funeral
A new claim from the Netflix docuseries Sean Combs: The Reckoning is drawing attention for how it portrays the events surrounding The Notorious B.I.G.’s funeral. In the series, Kirk Burrowes alleges that Sean “Diddy” Combs initially promised to cover the costs of the service, but ultimately pushed the expense onto Biggie’s estate. Burrowes describes the moment in detail, saying, “Sean said, ‘We’re gonna do the biggest funeral for Biggie that New York has ever seen.’” He claims the enthusiasm sh
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